![GST: Non-Resident Tax Payers can file Returns till 31st January [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/11/GST-Month-Returns-Taxscan.jpg "GST: Non-Resident Tax Payers can file Returns till 31st January [Read Notification]")
GST: Non-Resident Tax Payers can file Returns till 31st January [Read Notification]
The Central Government has notified the extended time limit for furnishing the return by a non-resident taxable person in FORM GSTR-5 under the Goods...
![Govt Extends Due Date for filing GSTR-5A for July to December [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/11/GSTR-5A-Taxscan.jpg "Govt Extends Due Date for filing GSTR-5A for July to December [Read Notification]")
![Deduction u/s 80IC for units Set Up in specified areas in State of Himachal Pradesh cannot be Claimed for more than 5 years: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan-1.jpg "Deduction u/s 80IC for units Set Up in specified areas in State of Himachal Pradesh cannot be Claimed for more than 5 years: ITAT [Read Order]")
![RBI Directs All Financial Creditors to Submit Financial Information [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/11/RBI-TaxScan.jpg "RBI Directs All Financial Creditors to Submit Financial Information [Read Circular]")
Assessee Registered under the STPI as a 100% EOU is entitled for Deduction u/s 10B: ITAT [Read Order]
While dismissing revenue’s appeal, the Hyderabad bench of Income Tax Appellate Tribunal (ITAT) has declared that assessee is entitled for deduction under Section 10B of the Income Tax Act 1961 even...
![Assessee Registered under the STPI as a 100% EOU is entitled for Deduction u/s 10B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Section-10B-Taxscan.jpg "Assessee Registered under the STPI as a 100% EOU is entitled for Deduction u/s 10B: ITAT [Read Order]")
CAG Points Out Loss of Rs. 1789,22 Crores due to Extension of Tax Concession to Corporates [Read Report]
In a report submitted to the Parliament on Tuesday, the Comptroller and Auditor General of India pointed out that there were a loss of Rs. 1789,22 Crores to the Government because the income tax...
![CAG Points Out Loss of Rs. 1789,22 Crores due to Extension of Tax Concession to Corporates [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/12/Loss-Taxscan.jpg "CAG Points Out Loss of Rs. 1789,22 Crores due to Extension of Tax Concession to Corporates [Read Report]")
![Govt failed to recover Rs 1.2 lakh crore due to Pending Appeals: CAG [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/08/CAG-Taxscan.jpg "Govt failed to recover Rs 1.2 lakh crore due to Pending Appeals: CAG [Read Report]")
Investment Shown under the head ‘Current Asset’ in the balance Sheet can’t be treated as Unexplained: ITAT [Read Order]
Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently held that if the assessee has disclosed investment under current assets in the balance sheet, then the same cannot be treated as...
![Investment Shown under the head ‘Current Asset’ in the balance Sheet can’t be treated as Unexplained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Investment-Funds-Taxscan.jpg "Investment Shown under the head ‘Current Asset’ in the balance Sheet can’t be treated as Unexplained: ITAT [Read Order]")
![CBDT Releases Income Tax Return Statistics for AY 2015-16 [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/10/Form-26AS-CBDT-Taxscan.jpg "CBDT Releases Income Tax Return Statistics for AY 2015-16 [Read Report]")
ITAT Rejects Plea for Set Off of Unabsorbed Depreciation since Hospitals can’t be treated as an Industrial Undertaking [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal recently rejected the plea for setting off of unabsorbed depreciation since Hospitals can’t be treated as an industrial undertaking for the purpose...
![ITAT Rejects Plea for Set Off of Unabsorbed Depreciation since Hospitals can’t be treated as an Industrial Undertaking [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Hospital-Taxscan.jpg "ITAT Rejects Plea for Set Off of Unabsorbed Depreciation since Hospitals can’t be treated as an Industrial Undertaking [Read Order]")